🟠 M-Pesa meets blockchain

Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now
Ogechi is a reporter with Mariblock. She is committed to spotlighting crypto and blockchain conversations in Africa by reporting accurate and useful information.

Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now

Plus: 🇬🇭 Ghana to deploy blockchain to track gold and curb illegal mining; 🇲🇦 Morocco publishes draft crypto rules.

SARB said the absence of a complete regulatory framework for crypto assets and stablecoins remains a key vulnerability in South Africa’s financial system.

Gyamfi said the system will use blockchain to record the movement and sale of each gram of gold purchased and exported.

Plus: 🌍 Here’s why Flutterwave is enabling stablecoin payments via Polygon

Plus: 🇿🇦 USD stablecoins can undermine African monetary sovereignty — SARB Governor

Plus: 🇳🇬 Nigerians prefer crypto investments and gambling to the capital market — SEC DG

Plus: 🌍 Nigeria, South Africa and two other African countries exit FATF’s grey list 🇿🇦 Ripple to provide digital assets custody services for Absa’s users 🇰🇪 Kenya edges toward crypto regulation as parliament passes VASP bill

Despite these impressive figures, there is a huge policy vacuum sitting between potential and scale.

The digital currency is backed by Ugandan treasury bonds and can be accessed via smartphones.

Plus: 🌍 USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund 🇳🇬 Experts call Nigeria’s crypto tax regime “progressive”

Plus: 🌍 Coinbase-backed Onboard 3.0 attracts 10k users two months after launch; 🇳🇬 Kredete raises $22 million to fuel expansion efforts

Plus: Mariblock Roundtable; 🇿🇦 South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve

Nigeria led the region with $92.1 billion in value received over the 12-month period, nearly three times that of South Africa.

The OnChain Conference 2025 brings together Africa’s blockchain builders, regulators, and business leaders for two days of focused discussion on the operational realities of building onchain systems.

The company has not clarified whether it operates independently from the entities involved in the Tingo SEC fraud case.

The Johannesburg-based firm will rename itself Africa Bitcoin Corp. and hold the cryptocurrency on its balance sheet.

Ripple described Africa as a “natural next step” for RLUSD, citing increasing demand among businesses worldwide.

The two companies have already partnered on crypto card solutions with Bybit and S1LKPAY, which use USDC to settle transactions.

According to the study, stablecoins accounted for 43% of total crypto transaction volume in sub-Saharan Africa in 2024.